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Published in The New Palgrave Dictionary of Economics • Jan 1, 1987
NobleIDNI5P72W36R32S55
Authors:
Martin J. Beckmann

Abstract

Suppose each member i from one class of objects (persons, firms) i = 1, …, n is matched with one object j from another class of equal size (jobs, locations) j = 1, …, n and the economic outcome is measurable in money terms a ij . Let x ij = 1 when object i is assigned to object j and x ij = 0 otherw...

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